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When a component classified as a discontinued operation is sold, what elements are included in calculating the total gain or loss from discontinued operations displayed
When a component classified as a discontinued operation is sold, what elements are included in calculating the total gain or loss from discontinued operations
displayed on the income statement?
Revenues and expenses of the component.
Extraordinary loss on the sale of the asset and the related tax benefit.
Operating income or loss for the period and gain or loss on disposal.
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